"Labor and Materials Costs" Please respond to the following:
• Read the article titled, “How the U.S. Lost Out on iPhone,” located in Week 2 of the online course shell. You may also view the article at http://www.nytimes.com/2012/01/22/business/apple-america-and-a-squeezed-middle-class.html?pagewanted=1&_r=1. Next, recommend one approach that the American labor market can take in order to lower the direct labor costs of technology products while remaining competitive with the Asian market. Provide a rationale for your response.
• Imagine that you are a Chief Financial Officer (CFO) of a company. Recommend tow (2) actions that you could take regarding the company’s supply chain to reduce manufacturing costs of direct materials.
BONUS: THREE DIFFERENT ANSWER POSTED CHOOSE ONE